FOREX Forecast AUD USD for the week 15 August — 19 August, 2016


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Currency pair Australian dollar AUD USD completed the trading week at 0.7647. At the moment, there is the potential for the continuation of falling of quotations of Australian dollar against the US dollar within the beginning of the descending pattern Wolfe waves.

FOREX Forecast AUD USD for the week 15 August — 19 August, 2016

FOREX Forecast AUD USD for the week 15 August — 19 August, 2016

Cancellation option quotations falling AUD USD pair will be strong growth and the breakdown level of 0.78, which points to continued growth in the region above the level of 0.80. The purpose of the fall and the mining model is the area on the level below 0.72.

FOREX Forecast AUD USD for the week 15 August — 19 August, 2016 suggests an attempt to fall within the mining bearish Wolfe wave model.


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